The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
New offshoring locations
Malaysia
500 jobs Number of planned job losses
Announcement Date
13 May 2011
Employment effect (start)
16 May 2011
Foreseen end date
11 November 2011
Description
American manufacturer of pacemakers St Jude Medical is to relocate their production from Stockholm to Malaysia due to high costs in Sweden. The plan is to cut 500 jobs in the process; 150 R&D jobs will however remain in Sweden. The factory in Järfälla has produced pacemakers since 1958 for a number of different owners.
Sources
13 May 2011: DN.se
Citation
Eurofound (2011), St Jude Medical AB, Offshoring/Delocalisation in Sweden, factsheet number 71969, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71969.
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